gCaptain – Maritime and Offshore News

SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, said Thursday first-quarter net profit

Norway’s Kleven Maritime said today that it will be constructing a second seismic vessel for Sanco Shipping AS at the company’s Myklebust Verft

SINGAPORE (Dow Jones)–The Baltic Dry Index, the bellwether gauge of rates for ship dry commodities including grains, iron ore and coal, will likely find

  On the approach into the channel at Port Aransas, Texas this morning, the 74k DWT product tanker, FR8 Pride, a Scorpio Tanker-managed vessel, lost power

SINGAPORE (Dow Jones)–The G6 alliance of container shipping firms, which includes Singapore-listed Neptune Orient Lines Ltd.’s (N03.SG) APL

(Dow Jones) Rowan Cos.’s (RDC) first-quarter earnings rose 54% as higher day rates contributed to the offshore drilling company’s

Singapore-listed COSCO Corp said today that it has contracted to build US$ 200 million harsh-environment semi-submersible flotel for Mexico’s Cotemar

BW Maritime believes their product tanker, BW Rhine, has been captured off Togo.  Here’s a statement made by the company. On 28 April 2012, BW Rhine, a

Note: This article has been cross-posted from the pro-union Working In These Times blog By Bruce Vail Most of the media attention at the big gathering of

An alarming report from CNN this morning has revealed that Al Qaeda operatives have been secretly plotting possible attacks on cruise ships. According to the

A product tanker has reportedly been hijacked yesterday in position: 06:01.14N – 001:20.2E, correlating to Lome Anchorage, Togo. The owners of the

– By ExxonMobil Connection The ExxonMobil Drilling team this month commenced operations on the Jansz-lo driling program for the Gorgon LNG Project off

Coinciding with the announcement of Lamprell’s newbuild jackup order today, DNV released a new rule book for self-elevating units, aka jackups, which

Lamprell announced today the receipt of a USD $227 million contract award from an international drilling contractor for the construction of a jackup drilling

LONDON -(Dow Jones)- The senior BP PLC (BP.LN) executive accused of taking cash payments in return for giving sweetened tanker chartering terms has been

An Australian billionaire has announced his plans to build the Titanic II, a modern-day replica of the ill-fated liner that sank over 100 years ago. Clive

LONDON (Dow Jones)–Two cargoes of Nigerian Usan crude have been delayed from May to June, traders told Dow Jones Newswires Monday. The Total

DOF announced today that they have signed a NOK 225 million contract with Apache Energy Limited for the use of the anchor handling tug supply vessel, Skandi

Norwegian shipowner, Eidesvik, has entered into sales agreements of USD $64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas

Hamilton, Bermuda – Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water